Today, the IRS started giving stimulus rebates to over 130 million qualified households. To be eligible, taxpayers must have had at least $3,000 of taxable income in 2007, must have filed a tax return, and must have a valid Social Security number.
According to the IRS, "The last two digits of your Social Security number and whether you opted for direct deposit" on your tax return "will determine when you receive your payment." If, like me, you didn't realize that including your direct deposit information on your tax return would vastly speed up the payment process, you may be stuck waiting until as late as July to get your check. Check out the payment schedule to see when you can expect your rebate. If you're not sure how much you'll be receiving, use this payment calculator.
Photo by Tracy O